CalSTRS and Mubadala completed a $215m investment in 3650 Capital.

CalSTRS and Mubadala completed a $215m investment in 3650 Capital, a nationwide alternative commercial real estate lender, special servicer and solutions provider focused on originating, servicing and asset-managing loans and providing advisory support to global institutions. The new capital will be allocated across 3650’s lending strategies and support multiple investment products.